Friday, June 13, 2008

Silverjet Gives It Up

No one really believed those "new financing is on the way and we'll get back into business soon" reports this week from Silverjet, which finally threw in the towel today, two weeks after it stopped flying its all-business-class service between London Luton and Newark and London and Dubai.

When the latest promise of new financing collapsed, Silverjet laid off its 300 workers and folded up shop.

It was a nice try, and the founder, Lawrence Hunt, was a gentleman throughout.


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